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Styrene butadiene rubber market forecast with a CAGR of 4 percent through 2027

The styrene butadiene rubber (SBR) market is expected to grow at a CAGR of over 4 percent over the forecast period through 2027. The market is expected to show significant growth due to the increasing demand from the tire manufacturing industry. S-SBR helps reduce the vehicle’s rolling resistance. Since the manufacturer is replacing emulsion styrene butadiene rubber (E-SBR) with S-SBR, it improves fuel economy and improves the wet grip of the tire.

The styrene butadiene rubber (SBR) market is segmented by type: emulsion SBR, solution SBR; and application: tires, adhesives, footwear and other applications. Major players include Asahi Kasei Corporation, Versalis S.p.A., Arlanxeo and LG Chem.